Tag: online currency trading

The euro vs dollar has continued in bullish tone once again today following the release of the monthly NFP data which came in bang on forecast at 114,000 and in addition saw the headline unemployment rate fall from a forecast 8.2% to under 8% at 7.8%. One...

An interesting couple of days for the euro dollar pair, with yesterday’s interest rate rise increasing the differential between the two currencies, followed by the Non Farm Payroll numbers which surprised the markets with another bad number. With all the problems in Europe the rational...

Forex Technical Analysis Euro vs dollar forex traders finally received the price action they have been craving for so long as the forex pair broke above the pennant formation which has been forming during August with a strong break higher to take the rate through...

The euro vs dollar forex pair, ended last week in much the same way as they started, perched neatly on all three moving averages, but showing little sign at present of breaking out above the current sideways consolidation. The hope on Friday was that the...

Forex Technical Analysis The euro vs dollar continues to flirt with the 1.440 price handle, teasing the forex market with an initial push higher, only to fall back exhausted in later trading, and today’s price action has replicated this once again, promising much in the...

Forex Technical Analysis Another interesting day for the euro vs dollar, as the trading session ended with a wide spread down bar, which breached both the 9 day and 14 day moving averages. Once again the forex pair failed to push higher and break above...

Forex Technical Analysis With the UK market closed yesterday for a national holiday, trading volumes in the euro vs dollar were relatively thin, and as a result we saw a volatile day of forex trading on little news, with the candle ending as a doji,...

Forex Technical Analysis The euro vs dollar continues to struggle to break above the 1.44 technical level on the daily forex chart, which increasingly seem to be becoming a key level for the forex pair. Following Thursday’s strong move higher, technical view was that this...

Forex Technical Analysis Once again the euro vs dollar promised much but delivered little in yesterday’s forex analysis, with the threatened breakout in early trading failing to materialise, and the currency pair falling back later in the session to end the day with a weak...

Forex Technical Analysis Friday’s candle ended the week for the euro vs dollar in a delicate position, having broken above the deep resistance of the last few months, and closing the forex session marginally below the high of the last attempted breakout from this price...